Sell Your Underwater House in Long Beach, CA
When your mortgage balance exceeds your home's value in Long Beach, you are not stuck. EasyOffer helps underwater homeowners find a path forward — whether that is a short sale, lender negotiation, or other creative solution.
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Market Snapshot: Long Beach, CA
Latest available data from public sources. Updated .
Median Home Value
$806,600
Census ACS 2024
Zillow Home Value Index
$838,598
-0.8% YoY
Zillow ZHVI
Median Sale Price
$785,000
Redfin
Days on Market
70 days
Redfin
Population
474,140
-3.2% since 2020
U.S. Census
Median Household Income
$87,430
Census ACS 2024
Sale-to-List Ratio
100.0%
Redfin
Active Inventory
9 homes
Redfin
Owner-Occupied
41.2%
Census ACS 2024
Price per Sq Ft
$609/sqft
Redfin
Recent Sales
1 homes
Redfin
Unemployment Rate
6.5%
BLS
Property Tax
$5,151/yr
Census ACS 2024
Median Age
37.1 years
Census ACS 2024
Poverty Rate
14.8%
Census ACS 2024
Avg. Commute
30 min
Census ACS 2024
| Metric | Value | Change | Source |
|---|---|---|---|
| Median Home Value | $806,600 | — | Census ACS 2024 |
| Zillow Home Value Index | $838,598 | -0.8% YoY | Zillow ZHVI |
| Median Sale Price | $785,000 | — | Redfin |
| Days on Market | 70 days | — | Redfin |
| Population | 474,140 | -3.2% since 2020 | U.S. Census |
| Median Household Income | $87,430 | — | Census ACS 2024 |
| Sale-to-List Ratio | 100.0% | — | Redfin |
| Active Inventory | 9 homes | — | Redfin |
| Owner-Occupied | 41.2% | — | Census ACS 2024 |
| Price per Sq Ft | $609/sqft | — | Redfin |
| Recent Sales | 1 homes | — | Redfin |
| Unemployment Rate | 6.5% | — | BLS |
| Property Tax | $5,151/yr | — | Census ACS 2024 |
| Median Age | 37.1 years | — | Census ACS 2024 |
| Poverty Rate | 14.8% | — | Census ACS 2024 |
| Avg. Commute | 30 min | — | Census ACS 2024 |
Why Homeowners in Long Beach Choose EasyOffer
Long Beach's median home value is $838,598 (Zillow, 2026), down 0.8% year-over-year. With 474,140 residents declining 3.2% since 2020. homes here sell in a median of 70 days with a 100.0% sale-to-list ratio. Long Beach has unemployment at 6.5% (BLS), a poverty rate of 14.8%, median property taxes of $5,151/year (Census ACS). the median resident age is 37.1 years.
Negative equity in Long Beach can happen when home values decline, you bought at the peak, or you took out a second mortgage. Whatever the cause, being underwater makes it feel impossible to move. EasyOffer specializes in navigating these situations, negotiating with lenders to release the excess debt so you can sell and start fresh.
Long Beach's housing market is transitioning from an overheated seller's market to a more balanced state, with homes spending longer on the market and price growth moderating to under 1%. The city's position as a major port city and affordable coastal alternative to the Westside of Los Angeles continues to attract both residents and investors, particularly in the multifamily segment where sales activity jumped 40%.
We also serve property owners in nearby Signal Hill, Wilmington, Seal Beach, and throughout California.
Serving Long Beach and Surrounding Areas
Neighborhoods We Serve
Belmont Shore
A walkable beach community along 2nd Street with a Mediterranean-influenced commercial strip of independent shops, restaurants, and the Belmont Shore Dog Beach. Craftsman cottages, small apartment buildings, and beach proximity create a quintessential Southern California coastal village.
Naples Island
An affluent enclave of Italian-named canals and streets with waterfront homes, private docks, and gondola rides. The exclusive island community features some of Long Beach's priciest real estate and a unique Venice-inspired ambiance.
Bixby Knolls
A tree-lined, family-friendly neighborhood in north Long Beach with Craftsman and ranch homes, the Virginia Country Club, and a growing restaurant scene along Atlantic Avenue. Active community organizations and First Fridays events foster a strong neighborhood identity.
Downtown Long Beach
A high-rise urban core along Ocean Boulevard with the convention center, Aquarium of the Pacific, and Pike Outlets. New residential towers and adaptive reuse of historic buildings are attracting young professionals seeking an affordable alternative to LA's Westside.
Rose Park
A small, cohesive neighborhood centered on Rose Park with charming Craftsman bungalows and a residential character that belies its proximity to downtown. Affordable prices relative to surrounding areas make it popular with first-time buyers.
Cambodia Town
A culturally significant neighborhood along Anaheim Street that is home to the largest Cambodian population outside of Cambodia. Cambodian restaurants, markets, and cultural institutions give this diverse area a unique identity.
Notable Landmarks
Queen Mary ocean liner and museum · Aquarium of the Pacific · Port of Long Beach, one of the busiest seaports in the world · Long Beach Convention and Entertainment Center · Earl Burns Miller Japanese Garden at CSULB · Museum of Latin American Art (MOLAA) · Shoreline Village and Rainbow Harbor
Major Employers
Port of Long Beach (economic anchor) · Boeing (C-17 production site, now defense operations) · Molina Healthcare (headquarters) · Long Beach Memorial Medical Center · California State University Long Beach · Virgin Orbit (space launch, though restructured) · Epson America (headquarters)
Top Schools
Natural Hazard Awareness
Long Beach faces earthquake risk from nearby faults, tsunami risk as a coastal city, occasional flooding, and wildfire smoke from regional fires, along with sea-level rise concerns for low-lying areas.
How It Works
Here is how underwater homeowners in Long Beach find a path forward with EasyOffer:
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Long Beach property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Long Beach property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Frequently Asked Questions
What does it mean to be underwater on a mortgage?
Being underwater means you owe more on your mortgage than the property is currently worth. For example, if you owe $250,000 but the home is worth $200,000, you have $50,000 in negative equity.
Can I sell my house if I owe more than it is worth in Long Beach?
Yes, through a short sale. Your lender agrees to accept less than the full mortgage balance. EasyOffer handles all lender negotiations to get the short sale approved.
Will I owe the difference if I sell an underwater house?
In many cases, the lender waives the remaining balance (called the deficiency). We negotiate for a full release of the deficiency so you do not carry the debt after selling.
How do I know if my Long Beach house is underwater?
Compare your current mortgage balance (from your most recent statement) to your home's estimated market value. If the balance is higher, you are underwater. We provide a free evaluation to help you assess your situation.
Is it better to wait for values to recover or sell now?
This depends on your financial situation. If you can afford the payments and want to wait, that is an option. But if the payments are straining your budget, selling now prevents further financial damage.
What are the tax implications of selling an underwater home?
Forgiven debt may be considered taxable income by the IRS, but there are exceptions including the Mortgage Forgiveness Debt Relief Act. Consult a tax professional for your specific situation.
What Our Sellers Say
“My mom passed and I inherited her place in Antioch. It needed a ton of work and I live out of state so I couldn't deal with contractors or showings. They came out, looked at it, and had a number for me the next day. We closed in 9 days. The whole thing was so much easier than I expected.”
Inherited Property
“Honestly I was skeptical at first because I'd heard horror stories about cash buyers lowballing people. But they explained exactly how they came up with the number and it was fair. We were behind on payments and they got everything done in a week. No last-minute changes, no surprises at closing.”
Avoided Foreclosure
“My husband got transferred to Dallas and we had about three weeks to figure out the house. A friend told us about EasyOffer. They gave us a cash offer that same afternoon and worked around our move date. We closed 11 days later without having to do a single showing or open house.”
Job Relocation